He added that barring declines in implementation business in its healthcare vertical, the company clocked a good quarter in terms of both revenue growth and EBIDTA margin improvement.

"We will endeavour to maintain this momentum as we continue our journey," he said.

Cash and cash equivalent stood at Rs 7,900 crore as of September 2018, while its active client count was at 930.

The company added 4,839 people in the September quarter taking the total headcount to 118,391. The software headcount was at 72,534 people, while that in BPO was 39,407 employees.

"This has been a strong quarter with improving operating metrics across most of our business lines. Our focus on optimizing our operations has led us to the highest EBITDA level and margin improvement in excess of 2 percent sequentially and 4 percent on a year-on-year basis," Tech Mahindra CFO Manoj Bhat said.